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Mortgage bonds are trying to stage a relief rally this morning, after mortgage interest rates hit new seven year highs yesterday. Since today is a slow day for scheduled economic reports, the technical outlook will greatly influence the direction of…
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Additional Articles
Rates Move Higher….
Mortgage interest rates continue to worsen. With rates now at seven year highs,...
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Mortgage Rates Hit New Highs
Mortgage bonds hit lows yesterday that haven’t been seen in many years. This...
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Rates at Multi-Year Highs
As expected, mortgage bonds are nearing the bottom of the trading channel. This...
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Stocks Continue to Advance Higher
Stocks are up and mortgage high bonds are down to start the week....
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Bonds Remain In Longterm Downward Trading Channel
Both stocks and mortgage bonds are stable so far this morning. With today...
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Consumer Inflation Remains Tame
Stocks are much stronger this morning, as the equity recovery continues to strengthen....
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Bonds Show Weakness
Although mortgage bonds are flat for the day, they are showing signs of...
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Markets Prepare for Job Report
Mortgage bonds are higher this morning, as political news adds an uncomfortable level...
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ADP Comes in at Expectations
The bond market is again down slightly in early morning trading, as investors...
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